The company posted a profit of HK$6.84 billion for the first half of the year, meaning it expects a profit of HK$5.66 billion or more in the second half.
"The favourable business trends being experienced in August have continued," Cathay Pacific said in a statement to the Hong Kong stock exchange. "Demand for passenger and cargo services has remained very strong and consequently revenues have remained at high levels."
Apart from its own operations, it said the forecast also reflected strong performances at Air China Ltd, China's flagship carrier in which Cathay holds a 19.3 percent stake, and one-time profits from the company's stake in two ventures. (Reuters)
